Interesting. Thanks for sharing!
I saw this today in City AM & thought, imho, it was an interesting article & didn't contain some of the usual nonsense you get on this subject....
http://www.cityam.com/1417634170/tim...1204%20-%20CMU
Interesting. Thanks for sharing!
A very interesting read. And good to learn what Roger Smith's daily wearer is too ;-)
A good article- bit different for a change
Thank you. I enjoyed the read.
Good article and interesting to see some balance and acknowledgement of where some of the profits are going.
Yes marketing still absorbs a lot of funds and yes there is a lot of profit but I for one am (possibly naively) hopeful the in house "movement" (pun intended) will lead to new materials and innovation that has slowed as ETA became the popular solution.
Also good to see Rolex acknowledged for what it does well which also shows having a good business plan and sticking to it does often work out over many years.
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Good article and interesting to see some balance and acknowledgement of where some of the profits are going.
Yes marketing still absorbs a lot of funds and yes there is a lot of profit but I for one am (possibly naively) hopeful the in house "movement" (pun intended) will lead to new materials and innovation that has slowed as ETA became the popular solution.
Also good to see Rolex acknowledged for what it does well which also shows having a good business plan and sticking to it does often work out over many years.
Thanks for posting :)
A good read, thanks for posting
Thanks for that, interesting article.
I'm cautiously confident that the demise of ETA movements will prove to have been a good spur to the industry, albeit with some casualties in the shorter term.
A refreshingly balanced article and another thanks to the OP for bringing it to our attention.
R
Ignorance breeds Fear. Fear breeds Hatred. Hatred breeds Ignorance. Break the chain.
"It’s only when you really delve into the world of highend timepieces that you realise how insanely complex – and shudderingly expensive – they are to produce. Decades of innovation, tweaking, improving and evolving have gone into the hundreds of components, silently spinning beneath the caseback, most of which the average watch buyer doesn’t even know exist. Never again will you have to ponder how fine watches justify their astronomical price tags. In fact, they’re something of a bargain."
That was a nice read.
Good article, but what's this watch "around the £3,500 mark" that the bloke from Rolex is talking about?
It made me feel a bit better about spending so much (relatively) on my watches, so thanks!
very informative, thanks
Really interesting read, especially from City AM
Very interesting perspective.
One question, though. If Rolex's movements are "easy to service", why does it cost £450? :-)
Redone from his 2011 QP article – http://www.qpmagazine.com/issues/49/...ase-movements/
Apart rechurning the "each watch takes a year to produce" nonsense it was an interesting read
Gray